EGHA

EGH Acquisition Corp. is a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. The company raised capital through an initial public offering with the intent to identify and merge with a private operating business. SPACs provide an alternative path for private companies to become publicly traded without going through a traditional IPO process. Until a business combination is completed, the SPAC's funds are typically held in a trust account. Investors face uncertainty regarding the ultimate target company and transaction terms.